Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro is holding in red in early Wednesday and probing again through Fibo support at 1.0683 (23.6% of 1.0349/1.0786 upleg). Fresh bears emerged after recovery was rejected at pivotal Fibo resistance at 1.0787 (38.2% of 1.1494/1.0349)…
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The GBPJPY extends steep ascend into tenth straight day, hitting the highest since Apr 22 on Tuesday, in extension of Monday’s strong acceleration (the pair was up 1% for the day in the biggest daily advance since May 17). Weak yen on…
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The UK Services PMI, which represents the activity in Britain’s dominant services sector, fell to 53.4 in May from 58.9 in April, marking the record monthly fall, with minor impact from May’s figure beating forecast at 51.8. The…
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Cable bounces from a daily low at 1.2430 (the lowest since May 19, after being hit by the story about confidence vote on PM Boris Johnson. Although Johnson survived the vote, he suffered significant political damage as 41% of Conservative…
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The USDJPY continues to trend higher and posted new 2022 high at 133.00 in early Tuesday, following break and close above previous yearly peak on Monday. Weak Japan’s household spending data signaled that rising costs hit consumers more…
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Australia’s central bank surprised markets on their June policy meeting by raising its cash rate by 50 basis points to 0.85% vs widely expected 0.25% hike. The RBA already lifted rates by 0.25% in May, in the first rate raise since 2010.…
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Cable bounces from the dangerous 1.2470 zone (Fibo 38.2% of 1.2155/1.2866 upleg / converged 20/30DMA’s) but remains within a narrowing congestion which extends into fourth straight day, awaiting the key event today – a confidence vote on UK…
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Spot gold regained traction on Monday, but gains were limited, retracing the small part of Friday’s 1% drop. Near-term action lack direction but is expected to keep overall positive bias while holding above key supports at $1840 zone…
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Brent oil is establishing above $120 barrier which was broken on Friday and hit new ten-week high on Monday, as concerns about persisting tight supply on growing doubts that OPEC+ is likely to achieve increased output target and cover…
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The USDTRY rose to new highest since mid-Dec 2021 on Monday and broke through pivotal Fibo barrier at 16.41 (76.4% of 18.33/10.20) pullback that adds to positive signals. Lira came under fresh pressure after Turkey CPI data last week…
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